Civic Intelligence

Chief John J Mcgowan III Memorial Scholarship Foundation

990EZ • Fiscal year 2023 • EIN 27-3648659

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 22, 2024

Organization ProfileCHIEFMCGOWANFOUNDATION.ORG
2 Boulder LaneHorsham, PA 19044

(215) 672-5188

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

15th percentile

-29%

Higher net margin than 15% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

42nd percentile

-2.6%

Faster asset growth than 42% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

97th percentile

364%

Faster revenue growth than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$46,555

Down $1,241 (-2.6%) from 2022

Net Assets

Down

$46,555

Down $1,241 (-2.6%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin15th percentile

Revenue

Up

$4,300

Up $3,374 (+364%) from 2022

Expenses

Up

$5,541

Up $104 (+1.9%) from 2022

Net Income

Up

-$1,241

Up $3,270 (+72%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2014: $52,760Liabilities 2014: $0Net Assets 2014: $52,7602014Assets 2015: $59,270Liabilities 2015: $0Net Assets 2015: $59,2702015Assets 2016: $53,445Liabilities 2016: $0Net Assets 2016: $53,4452016Assets 2017: $59,670Liabilities 2017: $0Net Assets 2017: $59,6702017Assets 2018: $60,635Liabilities 2018: $0Net Assets 2018: $60,6352018Assets 2019: $57,134Liabilities 2019: $0Net Assets 2019: $57,1342019Assets 2020: $54,734Liabilities 2020: $0Net Assets 2020: $54,7342020Assets 2021: $52,307Liabilities 2021: $0Net Assets 2021: $52,3072021Assets 2022: $47,796Liabilities 2022: $0Net Assets 2022: $47,7962022Assets 2023: $46,555Liabilities 2023: $0Net Assets 2023: $46,5552023Assets 2024: $42,673Liabilities 2024: $0Net Assets 2024: $42,6732024

Highlighted filing

2023

Assets$46,555
Liabilities$0
Net Assets$46,555
Open 2023 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15K$10K$5.0K$0-$5.0K-$10KRevenue 2014: $11,237Expenses 2014: $7,510Net Income 2014: $3,7272014Revenue 2015: $10,395Expenses 2015: $3,885Net Income 2015: $6,5102015Revenue 2016: $1,661Expenses 2016: $7,486Net Income 2016: -$5,8252016Revenue 2017: $10,571Expenses 2017: $4,346Net Income 2017: $6,2252017Revenue 2018: $9,013Expenses 2018: $8,048Net Income 2018: $9652018Revenue 2019: $2,022Expenses 2019: $5,523Net Income 2019: -$3,5012019Revenue 2020: $686Expenses 2020: $3,036Net Income 2020: -$2,3502020Revenue 2021: $3,044Expenses 2021: $5,471Net Income 2021: -$2,4272021Revenue 2022: $926Expenses 2022: $5,437Net Income 2022: -$4,5112022Revenue 2023: $4,300Expenses 2023: $5,541Net Income 2023: -$1,2412023Revenue 2024: $1,608Expenses 2024: $5,460Net Income 2024: -$3,8522024

Highlighted filing

2023

Revenue$4,300
Expenses$5,541
Net Income-$1,241
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 22, 2024
Return Version
2023v5.0
Gross Receipts
$4,300
Mission and Program Overview

Mission

Providing annual scholarships to potential police officers

Program Services

DescriptionGrantsExpenses
MEMORIAL SCHOLARSHIP AWARD PROGRAM TO BENEFIT INDIVIDUALS$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAREN T MCGOWANPresidentPT$0--
JOHN J MCGOWAN IVTreasurer-$0--
SCOTT M MCGOWANSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Chief John J Mcgowan Iii
EIN
27-3648659
Phone
2156725188
Address
2 BOULDER LANE, HORSHAM, PA 19044

Signing Officer

Name
Karen T Mcgowan
Title
President
Phone
2156725188
Signed
2024-04-22
Discuss with paid preparer
Yes

Preparer

Firm
Margaret J Capone CPA
Address
411 W GERMANTOWN PIKE, EAST NORRITON, PA 19403-4229
Preparer
Margaret J Capone CPA
Phone
6102724944
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest. Amount: 10.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship award. Grantee name: jacoby hennessey. Property description: scholarship. Date of gift: 06/14/23. Amount given: 2,500.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship award. Grantee name: richard l. Henning iii. Property description: scholarship. Date of gift: 12/13/23. Amount given: 2,500. Total included on form 990-ez, line 10: 5,000.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: state filing fees. Amount: 15.”

Raw XML Appendix152 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KAREN T MCGOWAN
IRS990EZ/BooksInCareOfDetail/PhoneNum02156725188
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02 BOULDER LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HORSHAM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019044
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt047796
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt046555
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt04290
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-1241
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0240
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt047796
IRS990EZ/Form990TotalAssetsGrp/EOYAmt046555
IRS990EZ/GrantsAndSimilarAmountsPaidAmt05000
IRS990EZ/GrossReceiptsAmt04300
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt010
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt047796
IRS990EZ/NetAssetsOrFundBalancesEOYAmt046555
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt047796
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt046555
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KAREN T MCGOWAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN J MCGOWAN IV
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SCOTT M MCGOWAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt015
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDING ANNUAL SCHOLARSHIPS TO POTENTIAL POLICE OFFICERS
IRS990EZ/PrintingPublicationsPostageAmt0286
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MEMORIAL SCHOLARSHIP AWARD PROGRAM TO BENEFIT INDIVIDUALS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0PA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt05541
IRS990EZ/TotalRevenueAmt04300
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0CHIEFMCGOWANFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04290
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01105
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08545
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0686
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0917
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01667
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83680
IRS990ScheduleA/PublicSupportPY170Pct00.80760
IRS990ScheduleA/PublicSupportTotal170Amt08545
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04290
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01105
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08545
IRS990ScheduleA/TotalSupportAmt010212
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 10.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: SCHOLARSHIP AWARD. GRANTEE NAME: JACOBY HENNESSEY. PROPERTY DESCRIPTION: SCHOLARSHIP. DATE OF GIFT: 06/14/23. AMOUNT GIVEN: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: SCHOLARSHIP AWARD. GRANTEE NAME: RICHARD L. HENNING III. PROPERTY DESCRIPTION: SCHOLARSHIP. DATE OF GIFT: 12/13/23. AMOUNT GIVEN: 2,500. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: STATE FILING FEES. AMOUNT: 15.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN T MCGOWAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02156725188
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHIEF JOHN J MCGOWAN III
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0MEMORIAL SCHOLARSHIP FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CHIE
ReturnHeader/Filer/EIN0273648659
ReturnHeader/Filer/PhoneNum02156725188
ReturnHeader/Filer/USAddress/AddressLine1Txt02 BOULDER LANE
ReturnHeader/Filer/USAddress/CityNm0HORSHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019044
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232405055
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARGARET J CAPONE CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0411 W GERMANTOWN PIKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAST NORRITON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0194034229
ReturnHeader/PreparerPersonGrp/PhoneNum06102724944
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARGARET J CAPONE CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-05-02T14:56:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KAREN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MCGOWAN
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,555
Liabilities
$0
Net assets
$46,555
Revenue
$4,300
Expenses
$5,541
Net income
-$1,241
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$42.7$0.00$42.7$1.61$5.46$3.85
2023Detailed filing. Detailed filing data is available for this year.$46.6$0.00$46.6$4.30$5.54$1.24
2022Detailed filing. Detailed filing data is available for this year.$47.8$0.00$47.8$0.93$5.44$4.51
2021Detailed filing. Detailed filing data is available for this year.$52.3$0.00$52.3$3.04$5.47$2.43
2020Detailed filing. Detailed filing data is available for this year.$54.7$0.00$54.7$0.69$3.04$2.35
2019Detailed filing. Detailed filing data is available for this year.$57.1$0.00$57.1$2.02$5.52$3.50
2018Detailed filing. Detailed filing data is available for this year.$60.6$0.00$60.6$9.01$8.05$0.97
2017Detailed filing. Detailed filing data is available for this year.$59.7$0.00$59.7$10.6$4.35$6.23
2016Detailed filing. Detailed filing data is available for this year.$53.4$0.00$53.4$1.66$7.49$5.83
2015Detailed filing. Detailed filing data is available for this year.$59.3$0.00$59.3$10.4$3.89$6.51
2014Detailed filing. Detailed filing data is available for this year.$52.8$0.00$52.8$11.2$7.51$3.73